Suncorp announces aggressive loan rates for Small Business
Suncorp announces aggressive business/commercial loan rates for Small Businesses. Effective from Monday 31 August 2009, Suncorp has reduced the rate on their Business Essentials Loan. The Small Business Essentials Loan rate has reduced from 6.24% to 5.99% p.a. variable.
Loan Product Information
A low priced variable rate term loan with no account keeping fee
The business essentials loan is a low cost variable rate term loan at the core of your business finance.
The Business Essentials loan may help businesses wanting to:
- Expand
- Buy a property to operate from
- Purchase plant and machinery
for more information contact MortgageCorp on (02) 8014 4288 or use our contact form
| Feature | Description |
|---|---|
| Competitive interest rate | A low priced variable interest rate |
| No Account Keeping Fee | Pay $0 in monthly account keeping fees |
| Repayments | Your choice of Principal and Interest or Interest Only. Repayments are available on a monthly basis and additional repayments can be made at any time without penalty. |
| Terms | No minimum loan term. A maximum of 25 years for Residential Security applies. |
| Security | The Business Essentials Loan can be secured by Residential or a mixture of Residential and Commercial Security |
| Statements | 6 monthly (Available more frequently but a fee may apply.) |
| Minimum loan amount | $250,0000 |
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